Common use of COVENANT COMPLIANCE CERTIFICATE; BORROWING BASE CERTIFICATE Clause in Contracts

COVENANT COMPLIANCE CERTIFICATE; BORROWING BASE CERTIFICATE. On or before the 20th day after the end of each calendar quarter, a compliance certificate in a form reasonably satisfactory to Lender stating whether Borrower is in compliance with the terms, covenants, provisions and conditions of the Loan Documents and specifying any condition or event that constitutes an Event of Default set forth in Article 8 hereof, together with any supporting documentation reasonably requested by Lender. On the date of each requested Revolver Advance, and on or before the 5th day after the end of each month, a borrowing base certificate in a form reasonably satisfactory to Lender setting forth the calculation of the Available Borrowing Base as of the close of business of the business day immediately preceding the date of such Revolver Advance or as of the end of the preceding month, as applicable.

COVENANT COMPLIANCE CERTIFICATE; BORROWING BASE CERTIFICATE. On ----------------------------------------------------------- or before the 20th day after the end of each calendar quarter, a compliance certificate in a form reasonably satisfactory to Lender stating whether Borrower is in compliance with the terms, covenants, provisions and conditions of the Loan Documents and specifying any condition or event that constitutes an Event of Default set forth in Article 8 hereof, together with any supporting documentation reasonably requested by Lender. On the date of each requested Revolver Advance, and on or before the 5th day after the end of each month, a borrowing base certificate in a form reasonably satisfactory to Lender setting forth the calculation of the Available Borrowing Base as of the close of business of the business day immediately preceding the date of such Revolver Advance or as of the end of the preceding month, as applicable.

COVENANT COMPLIANCE CERTIFICATE; BORROWING BASE CERTIFICATE. On or before the 20th day after the end of each calendar quarter, a compliance certificate in a form reasonably satisfactory to Lender stating whether Borrower is in compliance with the terms, covenants, provisions and conditions of the Loan Documents and specifying any condition or event that constitutes an Event of Default set forth in Article 8 hereof, together with any supporting documentation reasonably requested by Lender. On the date of each requested Revolver Advance, and on or before the 5th day after the end of each month, a borrowing base certificate in a form reasonably satisfactory to Lender setting forth the calculation of the Available Borrowing Base as of the close of business of the business day Business Day immediately preceding the date of such Revolver Advance or as of the end of the preceding month, as applicable.